Hyundai Motor Group Second in Both Assets and Sales

Korea's Fair Trade Commission announced that the Hyundai Motor Group became Korea's second-largest private conglomerate in terms of assets. Samsung ranks number one.

Hyundai Motor Group’s $55 billion in assets exceeds the LG Group, which split up recently..

The Hyundai Motor Group also ranked second in sales among the Korean conglomerates.

The motor group sold nearly 3.4 million cars in 2004, making them the world's sixth-largest carmaker.

The combined exports of Hyundai and Kia last year reached 2 million units and covered 193 countries and 155 countries, respectively.

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